How to Invest in ICICI Prudential Business Cycle Fund Series 2 Growth?

You can easily invest in ICICI Prudential Business Cycle Fund Series 2 Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for ICICI Prudential Business Cycle Fund Series 2 Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in ICICI Prudential Business Cycle Fund Series 2 Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does ICICI Prudential Business Cycle Fund Series 2 Growth provide?

The ICICI Prudential Business Cycle Fund Series 2 Growth has been there from 06 Nov 2015 and the average annual returns provided by this fund is 2.79% since its inception.

How much expense ratio is charged by ICICI Prudential Business Cycle Fund Series 2 Growth?

The term Expense Ratio used for ICICI Prudential Business Cycle Fund Series 2 Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of ICICI Prudential Business Cycle Fund Series 2 Growth is 2.61% as of 06 Sep 2025...

What is the AUM of ICICI Prudential Business Cycle Fund Series 2 Growth?

The AUM, short for Assets Under Management of ICICI Prudential Business Cycle Fund Series 2 Growth is ₹145.54Cr as of 06 Sep 2025.

How to Redeem ICICI Prudential Business Cycle Fund Series 2 Growth?

If you want to sell your ICICI Prudential Business Cycle Fund Series 2 Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

What is the NAV of ICICI Prudential Business Cycle Fund Series 2 Growth?

The NAV of ICICI Prudential Business Cycle Fund Series 2 Growth is ₹13.99 as of 22 Feb 2019.

What is the PE and PB ratio of ICICI Prudential Business Cycle Fund Series 2 Growth?

The PE ratio ratio of ICICI Prudential Business Cycle Fund Series 2 Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

ICICI Prudential Business Cycle Fund Series 2 Growth - NAV, Mutual Fund Performance & Portfolio

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ICICI Prudential Business Cycle Fund Series 2 Growth
Equity
Diversified
Moderately High Risk
15.61%
3Y annualised
0.00% 1D
1M
6M
1Y
3Y
All
 NAV: 22 Feb 2019
₹13.99
Rating
3
Min. SIP amount
Not Supported
Fund size
₹145.54Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Holdings (25)NameSectorInstrumentAssets
Power Grid Corporation of India Ltd.
EnergyEquity7.78%
Thomas Cook (India) Ltd.
ServicesEquity7.69%
National Thermal Power Corp. Ltd.
EnergyEquity7.33%
State Bank of India
FinancialEquity6.95%
Sun Pharmaceutical Inds. Ltd.
HealthcareEquity6.22%
HDFC Bank Ltd.
FinancialEquity5.31%
Motherson Sumi Systems Ltd.
AutomobileEquity5.24%
GAIL (India) Ltd.
EnergyEquity4.88%
ITC Ltd.
FMCGEquity4.53%
Max Financial Services Ltd.
FinancialEquity4.50%
Cummins India Ltd.
EngineeringEquity4.09%
Indusind Bank Ltd.
FinancialEquity3.67%
Emami Ltd.
FMCGEquity3.04%
Vodafone Idea Ltd.
CommunicationEquity2.89%
Blue Dart Express Ltd.
ServicesEquity2.87%
Dr. Reddy's Laboratories Ltd.
HealthcareEquity2.03%
Entertainment Network India Ltd.
ServicesEquity1.81%
Kotak Mahindra Bank Ltd.
FinancialFixed Deposits1.39%
Narayana Hrudayalaya Ltd.
HealthcareEquity1.26%
Engineers India Ltd.
ConstructionEquity1.14%
ITC Ltd.
FMCGFutures-1.44%
Power Grid Corporation of India Ltd.
EnergyFutures-2.89%
Indusind Bank Ltd.
FinancialFutures-3.66%
Motherson Sumi Systems Ltd.
AutomobileFutures-5.21%
HDFC Bank Ltd.
FinancialFutures-5.27%
See All
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity Diversified
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA2.8%15.6%10.7%
Category averageNA66.0%9.5%NA
Rank with in categoryNA45NA
Understand terms
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting  your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Jan 2019 - Present
2.61%
31 Dec 2018 - 31 Jan 2019
2.63%
30 Nov 2018 - 31 Dec 2018
2.64%
31 Oct 2018 - 30 Nov 2018
2.73%
30 Sep 2018 - 31 Oct 2018
2.74%
31 Aug 2018 - 30 Sep 2018
2.75%
31 Jul 2018 - 31 Aug 2018
2.75%
30 Jun 2018 - 31 Jul 2018
2.75%
31 May 2018 - 30 Jun 2018
2.75%
30 Apr 2018 - 31 May 2018
2.42%
31 Mar 2018 - 30 Apr 2018
2.42%
28 Feb 2018 - 31 Mar 2018
2.42%
31 Jan 2018 - 28 Feb 2018
2.42%
31 Dec 2017 - 31 Jan 2018
2.41%
30 Nov 2017 - 31 Dec 2017
2.42%
31 Oct 2017 - 30 Nov 2017
2.42%
Expense ratio, exit load and taxExpense ratio: 2.61%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Understand terms
Check past data
Fund managementSankaran Naren
Jul 2017 - Present
View details
Education
Mr. Naren is a B.Tech from IIT Chennai and MBA (Finance)from IIM Kolkata.
Experience
Prior to joining ICICI Prudential AMC he has worked with Refco Sify Securities India Pvt. Ltd., HDFC Securities Ltd. and Yoha Securities.
Also manages these schemes
ICICI Prudential Thematic Advantage Fund (FOF) Growth
ICICI Prudential Asset Allocator Fund (FOF) Growth
ICICI Prudential Exports and Services Fund Growth
ICICI Prudential Rewards of Investing and Generation of Healthy Tax Savings Fund Growth
ICICI Prudential Business Cycle Fund Series 2 Growth
ICICI Prudential Business Cycle Fund Series 3 Growth
ICICI Prudential India Recovery Fund Series 4 Growth
ICICI Prudential Value Fund Series 9 Growth
ICICI Prudential Value Fund Series 11 Growth
ICICI Prudential Value Fund Series 14 Growth
ICICI Prudential Value Fund Series 15 Growth
ICICI Prudential Value Fund Series 16 Growth
ICICI Prudential Value Fund Series 17 Growth
ICICI Prudential Value Fund Series 18 Growth
ICICI Prudential Value Fund Series 19 Growth
ICICI Prudential Value Fund Series 20 Growth
ICICI Prudential Bharat Consumption Fund Series 4 Growth
ICICI Prudential Bharat Consumption Fund Series 5 Growth
ICICI Prudential Bharat Consumption Fund Growth
ICICI Prudential Energy Opportunities Fund Growth
ICICI Prudential Rural Opportunities Fund Growth
Priyanka Khandelwal
Jun 2017 - Present
View details
Education
Ms. Khandelwal is Chartered Accountant and Company Secretary
Experience
She has been Working with ICICI Prudential Mutual Fund Since October 2014.
Also manages these schemes
ICICI Prudential FMCG Fund Growth
ICICI Prudential Liquid Fund Retail Growth
ICICI Prudential Exports and Services Fund Growth
ICICI Prudential Rewards of Investing and Generation of Healthy Tax Savings Fund Growth
ICICI Prudential Value Fund Series 5 Growth
ICICI Prudential Business Cycle Fund Series 1 Growth
ICICI Prudential Business Cycle Fund Series 2 Growth
ICICI Prudential Business Cycle Fund Series 3 Growth
ICICI Prudential India Recovery Fund Series 4 Growth
ICICI Prudential India Recovery Fund Series 5 Growth
ICICI Prudential Value Fund Series 9 Growth
ICICI Prudential Value Fund Series 10 Growth
ICICI Prudential Value Fund Series 11 Growth
ICICI Prudential Value Fund Series 14 Growth
ICICI Prudential Value Fund Series 15 Growth
ICICI Prudential Value Fund Series 16 Growth
ICICI Prudential Value Fund Series 17 Growth
ICICI Prudential Capital Protection Oriented Fund Series XII Plan C 1270 Days Growth
ICICI Prudential Value Fund Series 18 Growth
ICICI Prudential Value Fund Series 19 Growth
ICICI Prudential Value Fund Series 20 Growth
ICICI Prudential Multiple Yield Fund Series 14 Plan A 1228 Days Growth
ICICI Prudential Bharat Consumption Fund Series 1 Growth
ICICI Prudential Bharat Consumption Fund Series 2 Growth
ICICI Prudential Bharat Consumption Fund Series 3 Growth
ICICI Prudential Bharat Consumption Fund Series 4 Growth
ICICI Prudential Bharat Consumption Fund Series 5 Growth
ICICI Prudential Capital Protection Oriented Fund Series XIV Plan A 1275 Days Growth
ICICI Prudential Bharat Consumption Fund Growth
ICICI Prudential Transportation and Logistics Fund Growth
ICICI Prudential Rural Opportunities Fund Growth
Fund house & investment objective
ICICI Prudential Mutual Fund
Rank (total assets)#3 in India
Total AUM₹9,87,232.31Cr
Date of Incorporation12 Oct 1993
    ICICI Prudential Business Cycle Fund Series 2 Growth is a Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund.     This scheme was made available to investors on 12 Oct 1993.     S Naren is the Current Fund Manager of ICICI Prudential Business Cycle Fund Series 2 Growth fund.     The fund currently has an Asset Under Management(AUM) of ₹9,87,232 Cr and     the Latest NAV as of 22 Feb 2019 is ₹13.99.  

    The ICICI Prudential Business Cycle Fund Series 2 Growth is rated Moderately High risk.     Minimum SIP Investment is set to ₹500.          
  ;
Investment ObjectiveThe scheme seeks to provide capital appreciation by predominantly investing in equity and equity related securities with focus on riding business cycles through dynamic allocation between various sectors and stocks. 
 
;
Fund benchmarkBSE 500 Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
One BKC ,  A Wing ,13th Floor, Bandra Kurla Complex, Mumbai 400051
Phone
NA
Launch Date
12 Oct 1993
E-mail
NA
Website
www.icicipruamc.com
ICICI Prudential Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
Compare funds
ICICI Prudential Business Cycle Fund Series 2 Growth
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Add mutual fund to compare

Name	Sector	Instrument	Assets
Power Grid Corporation of India Ltd.	Energy	Equity	7.78%
Thomas Cook (India) Ltd.	Services	Equity	7.69%
National Thermal Power Corp. Ltd.	Energy	Equity	7.33%
State Bank of India	Financial	Equity	6.95%
Sun Pharmaceutical Inds. Ltd.	Healthcare	Equity	6.22%
HDFC Bank Ltd.	Financial	Equity	5.31%
Motherson Sumi Systems Ltd.	Automobile	Equity	5.24%
GAIL (India) Ltd.	Energy	Equity	4.88%
ITC Ltd.	FMCG	Equity	4.53%
Max Financial Services Ltd.	Financial	Equity	4.50%
Cummins India Ltd.	Engineering	Equity	4.09%
Indusind Bank Ltd.	Financial	Equity	3.67%
Emami Ltd.	FMCG	Equity	3.04%
Vodafone Idea Ltd.	Communication	Equity	2.89%
Blue Dart Express Ltd.	Services	Equity	2.87%
Dr. Reddy's Laboratories Ltd.	Healthcare	Equity	2.03%
Entertainment Network India Ltd.	Services	Equity	1.81%
Kotak Mahindra Bank Ltd.	Financial	Fixed Deposits	1.39%
Narayana Hrudayalaya Ltd.	Healthcare	Equity	1.26%
Engineers India Ltd.	Construction	Equity	1.14%
ITC Ltd.	FMCG	Futures	-1.44%
Power Grid Corporation of India Ltd.	Energy	Futures	-2.89%
Indusind Bank Ltd.	Financial	Futures	-3.66%
Motherson Sumi Systems Ltd.	Automobile	Futures	-5.21%
HDFC Bank Ltd.	Financial	Futures	-5.27%